Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS) and Israel’s first fully digital bank have entered into partnership. Israel’s first fully digital bank, has partnered with the company as the first customer of its Banking Service Bureau, powered by TCS BaNCS.

The company was selected by Israel’s Ministry of Finance to transform its banking sector by building a banking service bureau that would serve as a shared, plug-and-play, digital banking operations platform – powered by the TCS BaNCS Global Banking Platform - to help start-up banks launch their operations very quickly. This initiative is seen as a bid to boost competition in the financial services sector, spark greater innovation and enhance customer experience by democratizing access to banking in Israel by making financial services accessible to the consumer.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.